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. this is a big government tax grab that we will debate. >> speaking of taxes, guess who is not paying them? more and more federal workers are tax cheats. why shouldn't tax cheats just be fired? it's that easy on the "kudlow report." and we begin right now. first up tonight, the cyprus crisis continues. riots are forming in the streets. cnn's own chief international correspondent michelle caruso-cabrera is with us tonight. >> cyprus is going to do something that's called "resolving a bank." like all tough things in life, we use euphemisms. tonight the head of the central bank has asked parliament to give him permission to give him new powers of resolution authority. what he will do with that resolution authority is he will take cyprus's most troubled bank, he's going to take the good deposits in that bank and move them to another cyprus bank. the bad deposits, the bad loan, the junk that's in laiki bank will remain as a stub and those assets will be sold off over time. first, it's going to get them a lot claeser to the $5.8 billion they need to come up with. the other key point, people under 1 hu
rogue nations. the government of cyprus is scared to death of insulting vladimir putin. we'll have an expert who will play this scenario out for us. "the kudlow report" begins right now. >>> first up, let's get the latest on the cyprus report. michelle joins us by phone. >> good evening. the details are changing, but the one core fact important to investors is true. for the first time ever in the european crisis, portions of bank accounts will be seized in order to pay for a bailout. cyprus agreed to this to get a 10 billion euro loan to bail out their banks. what is still unclear and controversial is whether insured deposits will also be seized. original plan was if you had an account in cyprus with less than 100,000 euros, would you have to pay a tax even though it falls below the insurance threshold. even though in theory it was supposed to be 100% guaranteed by the state. that turned out to be so controversial they are second-guessing themselves and reconsidering. a few hours ago the minister put out a statement saying they thought the smaller depositors should be protected. th
and will reveal his plans for future public service to us in just a few moments. >>> and government payroll has dropped 37,000 since the recession bottom, but private jobs have rocked 5.2 million higher. as i've said many times, lower spending and limited government, including government jobs, is good for the private economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson.
a high public opinion approval rating in israel will make the prime minister and the israely government more carol abo-- mor about standing up to him. >> i want to continue this idea that they will not be able to discuss anything. am i dreaming, aren't they going to talk about the iran threat and syria and the massive problems there and egypt. the region in some sense is unraveling, dan, president obama knows that. prime minister netanyahu knows that. cou so, can they get manage out of this? >> there's a lot to talk b but a lot of it is relationship repair. the first term the president, to borrow his phrase, he pursued a strategy in the middle east in which he wanted distance. he said that his u.s. relationship was perceived to close to the prime minister of israel. and so they needed to create space. here he is four years later, nothing to show for it, there's trust issues between the president and the palestinian leaders, so he is trying something different. coming to israel. bear hugging them and sending a message that they are close. as it relates to specifics, absolutely they will
's what he's doing. he's like a federal government official. not watch what he says but what he's doing. that's why i love the guy. look at him he can't stop smiling. neither can you. you're both great. thank you so much. now folks, a busy day and night on capitol hill. the senate is busy voting on amendment after amendment in their budget bill. we got two distinguished senators about to join us give us their take and later on the show why can't police departments get any ammunition while the department of homeland security has bought up 1.6 billion rounds in the past year. there's no ammo for handdowns, shot guns, rifles, for training. what's up with this or is the dhs in a form of gun control that the congress can't legislate? folks don't forget free market capitalism is the best path to prosperity. stanford university stopped its course. we'll hammer them for it later in the show. i'm larry kudlow. please stay with us. zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'l
me come back to the russian part of the story. whether it's gas prom or the russian government or russian finance industry, i have no idea. maybe you do. but it also occurs to me, we know -- we've had reports, including last evening on this program, russian people are really money launders in cyprus. and, in fact, they're sort goods and service evil launders, too. they unload and load stuff that goes to iran, stuff that goes to syria. i mean, it's really bad stuff. so i just had this thought. if russia gas prom or whoever can run the cypriot banks, that would leave them in a position, the russians, to keep the record-keeping nice and sloppy. so no one really knows what the hell is going on. it wouldn't be anything to do with the ecb. or germany or somebody that might be more appropriate. this would keep it nice and sloppy, wouldn't it, don jensen? >> yes, i'm glad you mentioned that, a national security angle too, the european press has said they use cyprus banks to fund the assad regime. the other thing i wanted to mention, larry, since the beginning of the year, putin has wan
Search Results 0 to 5 of about 6